Monday 17 November 2014

Indicator Y Short 2222 - Rollover At Premium

Even though the rollover price is in favor to the short 2222 using the hourly indicator Y trading guides, the short 2222 will be still used as the entry point for the write-up.

Knowing that some traders will switch the short to a new 3rd active contract month but the theoretical stop and reverse trade signal will not be changed in order to track down easily on all the previous write-ups related to the short 2222. Therefore, we will not make further explanation.

The hourly indicator Y will not update its stop and reverse trade signals in next few sessions unless there is a clear signal.